With cybercriminals developing increasingly sophisticated tools and methods to attack healthcare companies, data security has never been more important.
Data security is very important for health care records (HIPAA). As such, health advocates and medical practitioners in the U.S. and other countries are working toward implementing electronic medical record (EMR) privacy by creating awareness about patient rights related to the release of data to laboratories, physicians, hospitals and other medical facilities.
HIPAA-covered entities must also implement appropriate administrative, physical, and technical safeguards to ensure the confidentiality, integrity, and availability of electronic protected health information.
Experiencing a HIPAA breach carries a tremendous cost to an organization. The diagram from HIPAA Journal* lists the 10 costs associated with each HIPAA breach encountered. These costs range from large fines, to loss of customers and, of course, consume large amounts of your staff’s time. All said, these costs total more than $12 billion each year in the United States.
Maxus33’s breakthrough CodeXIV© technology is the answer to your Healthcare company’s data protection needs. CodeXIV© provides secure, reliable and non-copyable authentication and data assurance for privacy protection at a whole new level. We protect data at its roots, thus preventing bad actors from ever accessing it in the first place. They’ll never know what they’re missing.